Heating Oil HO
High: Low:
A popular energy commodity, traded on the New York Mercantile Exchange Future-CME
Traders' Sentiments
% Buyers
% Sellers
Info
A popular energy commodity, traded on the New York Mercantile Exchange Future-CME
| Spread | 0.002 | Spread (%) | 0.06% |
|---|---|---|---|
| Overnight funding - Buy | -0.0262% | Overnight funding - Sell | -0.0176% |
| Initial margin | 0.67% | Maintenance margin | 0.33% |
| Leverage | 1:150 | Expires daily | No |
| Futures Contract | September 2022 | ||
| Automatic rollover | |||
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Ecxmarket News & Market Insights
What’s Next for the Oil Market?
Today’s Oil traders have kept black gold’s price per barrel from falling by the same amount as was seen last Friday. However, a host of different factors could stand to affect the course of global petrol markets over the near term.
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Oil Prices Rebound
Oil prices have been rising over the past week, with both Crude and benchmark Brent Oil on an upward trend. The beginning of summer as well as rebounding Chinese demand could be the proximate causes.
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Oil’s Price Rollercoaster Continues
Traders on global Oil markets pushed black gold’s price down on Thursday morning. Continuing peace talks as well as a lockdown in Shanghai and a potential release of U.S. strategic reserves could have contributed to this downtrend.
Read More →